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EuroEyes International Eye Clinic Limited ( (HK:1846) ) just unveiled an announcement.
EuroEyes International Eye Clinic Limited reported its annual results for the year ended December 31, 2024, showing a slight increase in revenue but a significant decline in profit. The company’s gross profit and net profit after tax decreased by 14.6% and 36.7%, respectively, compared to the previous year. The adjusted financial measures, which exclude non-cash and one-off items, also showed declines. These results reflect the financial impact of pre-operating expenses for new clinics and other non-recurring costs, indicating challenges in maintaining profitability amid expansion efforts.
More about EuroEyes International Eye Clinic Limited
EuroEyes International Eye Clinic Limited operates in the healthcare industry, focusing on providing specialized eye care services. The company is involved in the establishment and operation of eye clinics, particularly in Germany, the UK, and Hong Kong, with a market focus on expanding its clinic network.
YTD Price Performance: -20.0%
Average Trading Volume: 184,305
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.01B
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